Sold

Thanks to the large crowd that attended and all the bidders, Farm sold for $6600.00 per acre!!!

Dec. 4, 2014 --150.64 Acres of Pleasant Twp, Lincoln County SD Farmland--Heirs of Otto and Marie Muhlenkort Mary Lee Luskin and Kathleen M. Dailey ---

Live Auction

Auction Date: December 4, 2014 - 10:00 am

Beresford

Lincoln County

Lincoln County, SD Land Auction
150.64 +/- Pleasant Township
Thursday December 4th, 2014 10:00 AM

We will sell the following real estate at public auction at the landsite located from Beresford SD 1 mile east on Hwy 46 and ½ mile north on 473rd Ave.

If you are looking for a small tract of good, productive farmland located in southeast of SD then don’t miss this auction! The land is in a corn/soybean rotation and is available to the new owner for the 2015 crop year. According to the FSA there are 145.5 acres of cropland with a 72.0 acre corn base with an 83 bushel direct and 125 CC yield and an 73.5 acre soybean base with a 30 bushel direct yield and 36 bushel CC yield. Predominate soils include: Moody silty clay loam 2 to 6 percent slopes and Wentworth-Chancellor silty clay loams 0 to 2 percent slopes. County soil rating of .767 and according to Surety/AgriData the land has a productivity rating of 80.0. Taxes: $2,882.58. If you are looking to expand your current farming operation or purchase land as an investment be sure to attend this auction!

Legal Description: NW ¼ Ex Tract 1, 34-96-50, Lincoln County SD

TERMS: 10% nonrefundable down payment day of sale with the balance due at closing on or before January 9th, 2014. Property sold subject to 2014 lease which expires March 1, 2015. Title insurance and closing costs split 50/50 between buyer and seller. 2014 taxes due in 2015 to be paid by the seller. 2015 taxes due in 2016 to be paid by the buyer. The acres in this property are based on acres stated in the county tax records with acres to be understood to be “more or less”. The sellers do not warranty or guarantee that the existing fences lie on the true and correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD statutes. The new owner will be required to comply with the HEL conservation plan. The property is sold in as is condition and as a cash sale with no financing contingency. Sold subject to existing easements, restrictions, reservations, or highway of record, if any. Information is deemed to be correct but it is not guaranteed. All prospective buyers are encouraged to inspect the property and verify all data provided. Statements made the day of sale take precedence over all written advertising. Real Estate licensees are agents for the seller. Sold subject to confirmation of owner.